Shops for Rent on Burrows Street, Hong Kong

Why rent a shop on Burrows Street, Wan Chai, Hong Kong?

Renting a shop on Burrows Street in Wan Chai, Hong Kong offers exceptional business opportunities in one of the city's most vibrant commercial districts. Located in the heart of Wan Chai, Burrows Street provides excellent foot traffic from both local residents and international visitors, making it an ideal location for retail businesses, restaurants, and service providers. The area benefits from superior connectivity with multiple MTR stations nearby, including Wan Chai and Admiralty stations, ensuring easy access for customers throughout Hong Kong Island. Burrows Street's strategic position places businesses within walking distance of major commercial towers, luxury hotels, and the Hong Kong Convention and Exhibition Centre, creating a steady stream of potential customers. The diverse mix of local shops, international brands, and dining establishments on Burrows Street creates a dynamic shopping environment that attracts a wide demographic. Additionally, Wan Chai's reputation as a business and entertainment hub means that shops on Burrows Street benefit from extended operating hours and consistent customer flow throughout the day and evening. The area's ongoing urban development and government investment in infrastructure make Burrows Street an excellent long-term investment for businesses looking to establish themselves in Hong Kong's competitive retail market.

How much does it cost to rent a shop on Burrows Street, Wan Chai, Hong Kong?

The cost to rent a shop on Burrows Street in Wan Chai, Hong Kong typically ranges from HK$80 to HK$150 per square foot per month, depending on the specific location, shop size, and current market conditions. Burrows Street shop rental prices are influenced by factors such as proximity to major shopping areas like Times Square, foot traffic levels, and the condition of the property. Ground floor retail spaces on Burrows Street generally command higher rents than upper floor units, with prime locations near the intersection with Hennessy Road or Lockhart Road often exceeding HK$120 per square foot monthly. Small retail shops of 200-500 square feet on Burrows Street can expect monthly rents between HK$16,000 to HK$75,000, while larger commercial spaces may cost significantly more. Prospective tenants should also budget for additional costs including rates, management fees, utility deposits, and potential key money or premium payments to secure desirable Burrows Street retail locations in this competitive Wan Chai commercial district.

What's the foot traffic like on Burrows Street, Causeway Bay, Hong Kong?

Burrows Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and Russell Street shopping district. Located in one of Hong Kong's busiest commercial areas, Burrows Street sees a steady flow of pedestrians including local residents, office workers, tourists, and shoppers who use it as a connecting route between major attractions like Victoria Park and the central Causeway Bay shopping zone. The foot traffic tends to be heaviest during lunch hours from 12-2 PM when office workers from surrounding buildings venture out for meals, and again in the evening from 6-9 PM as people finish work and engage in shopping or dining activities. Weekends and public holidays typically bring increased pedestrian volume due to the street's proximity to popular retail destinations, restaurants, and its accessibility via Causeway Bay MTR station, making Burrows Street a consistently busy thoroughfare that reflects the vibrant urban energy characteristic of this prime Hong Kong commercial district.